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The Graph Shown Depicts the Market for a Good

Question 153

Multiple Choice

The graph shown depicts the market for a good. Assume the market was originally in equilibrium where the demand curve (D) and supply curve (S) intersect. What was the original equilibrium price and quantity for this good? A) $5 and 30 B) $5 and 20 C) $10 and 20 D) $20 and 10 The graph shown depicts the market for a good. Assume the market was originally in equilibrium where the demand curve (D) and supply curve (S) intersect. What was the original equilibrium price and quantity for this good?


A) $5 and 30
B) $5 and 20
C) $10 and 20
D) $20 and 10

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